Rocket Leverages Mortgage Biz With Push Into Car Sales

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Rocket Leverages Mortgage Biz With Push Into Car Sales

MMG's Bodnar: We've Been Watching This Movie All Year Bill Bodnar of the Mortgage Market Guide breaks down the jobs report, why and how it came in above expectations, and what that means just days ahead of the Fed meeting.

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Rocket Leverages Mortgage Biz With Push Into Car Sales

Thursday, Sep 02 2021

Written by Chris Frankie

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As Rocket Auto, part of billionaire Dan Gilbert’s Rocket Companies, announced the launch of a new online vehicle marketplace, the press release emphasized the boost the new venture would get from the organization’s massive mortgage business. So reports The Detroit News.

Rocket Loans More than 14 million Americans have experience with Rocket Mortgage, Rocket Home or the like, and research suggests that customers who make a mortgage inquiry are three times more likely to buy an automobile, according to the company.